Grant Acquittals

Completing the acquittal for a grant is the process of a Club providing tax invoices and a report to the USU to show its executive team has spent grant funding it has received from the USU in accordance with:

• the club’s constitution (including aims and activities),
• the original application (for Discretionary, Camp Grants, etc.),
• applicable legislation and funding rules (including those of the University)
• USU policies & handbooks
• any grant conditions imposed by the USU

Acquittals are how you claim the use of USU grant funding, and should not be confused with the financial review, which is the mandatory annual report of ALL a Club’s finances for a given financial year.

Any grant funding from the USU that is not approved through the acquittal process must be returned to the USU at the end of the year or a deadline provided by the USU Clubs Team. You can refer to the 'Returning unclaimed grant funds' section of the 2026 Finance Handbook for more information about this process.

How are acquittals completed?

Executives will use MyUSU to apply for grants through "budget requests" and submit receipts for the acquittal through "payment requests". This can only be done from the executive management page of a club, under the 'Money' module in the sidebar.

For more information, refer to the 'Acquittals' and 'MyUSU' sections of the 2026 Finance Handbook.

This article was last updated on March 2 2026.